BITPRISMIA
Brevan Howard's disclosure of $2.3 billion in Bitcoin ETF holdings highlights a significant shift in institutional investment towards digital assets, signaling growing acceptance and legitimacy of Bitcoin ETFs in traditional finance.
In July, the total market capitalization of cryptoassets reached a significant milestone, with Bitcoin prices surpassing $123K, and there was progress in federal legislation for stablecoins.
Analyst XRPunkie believes long-term XRP holders deserve profits due to potential future rallies, supported by Ripple's legal resolution and new stablecoin launch.
The Bitcoin (BTC) price is experiencing a slight decline, with potential for further correction to the $116,000 range if bullish momentum does not recover.
The XRP price is currently trading within a narrow range, with potential for a decline to $2.90 if it breaks below the $3 support level, while sideways trading between $3 and $3.30 remains a likely scenario.
Deribit, in collaboration with Coinbase, is launching USDC-settled linear options for Bitcoin and Ether on August 19, aiming to enhance accessibility and liquidity in the crypto derivatives market.
Dogecoin (DOGE) shows potential for a significant price breakout to $1 following a $5 billion trading volume surge, with analysts and market trends indicating bullish momentum.
U.S. regulators are cracking down on crypto ATMs due to a rise in fraud cases, with new state-level regulations and a potential federal bill aiming to enhance consumer protection and digital asset security.
The article presents a bullish Solana price prediction, suggesting SOL could reach $500 soon due to technical indicators, increasing retail and institutional interest, and potential ETF approvals.
The SEC, under Chairman Paul Atkins, believes it has the existing authority to regulate blockchain and digital assets without waiting for new legislation from Congress, aiming to provide faster regulatory clarity while facing industry challenges.